Cramer’s lightning round: ‘I’m going to say no’ to United Microelectronics

“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

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  • It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

Stock Chart IconStock chart iconhide contentAvnet’s year-to-date stock performance.

Avnet: “It’s a really good stock. I’m glad you brought my attention. I cannot believe how low the P/E is. But then again, a lot of people feel that the move is about to end at any given moment, and that’s what’s wrong with Avnet.”

Stock Chart IconStock chart iconhide contentArcher Aviation’s year-to-date stock performance.

Archer Aviation: “Let’s pass on it. If we want to do a spec, there’s better specs out there.”

Stock Chart IconStock chart iconhide contentUnited Microelectronics’ year-to-date stock performance.

United Microelectronics: “This is a tough one. You know, it’s not expensive, but it’s up 135% [this year]. I just don’t have a catalyst at these prices. I’m going to say no to it right now.”

Stock Chart IconStock chart iconhide contentAltimmune’s year-to-date stock performance.

Altimmune: “I believe the GLPs are going to be able to address [fatty liver] better than anything else. But a $2 stock, count me in. But remember, stocks can go to zero.”

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